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Orchid nets $33.4mm in private offering of registered shares

Executive Summary

Orchid BioSciences (microfluidics technology applied to SNP scoring and genetic diversity analysis) raised net proceeds of about $33.4mm by selling 5.95mm shares of its common stock to new and returning investment funds at $6 per share.
Deal Industry
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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